Eaconomy has received a securities fraud warning from Quebec’s Autorite des Marches Financiers.

The AMF added Eaconomy to its investor warning list on March 24th, 2023.

Eaconomy Limited is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.

BehindMLM first reviewed Eaconomy in May 2019. Eaconomy’s original iteration collapsed in less than a year.

The brand lay dormant until is was resurrected by owner Hassan Mahmoud (right) in April 2021.

Eaconomy’s reboot saw the MLM company launched through Beyond Wealth.

In a nutshell you had various trading and cryptocurrency offerings. Inside the US Eaconomy only offered signals.

Outside the US the company committed securities fraud through Beyond Wealth’s “Achilles” automated trading bot.

BehindMLM last reviewed Eaconomy in November 2021.

In that review we strongly suspected Eaconomy was operating as a pyramid scheme. We also identified securities fraud.

Eaconomy is a US-based MLM company run by Las Vegas resident Hassan Mahmoud (right).

Neither Eaconomy or Mahmoud are registered to offer securities in any jurisdiction.

In 2019 Mahmoud settled commodities fraud charges with the CFTC for $75,000. The charges pertained to Eaconomy’s predecessor, Silver Star Live.

Both Silver Star Live and Eaconomy share similar forex trading themed business models.